"Qubits, the core units of quantum computing, suffer from decoherence - the loss of stability amid environmental noise - which limits computation time. Error rates remain high, demanding advanced correction methods that consume extra resources. Scaling to millions of qubits requires breakthroughs in cooling, control systems, and integration, all while costs soar into the billions. These hurdles delay widespread adoption, confining most systems to research labs and potentially delaying commercial viability for a decade."
"Despite these obstacles, investor enthusiasm has propelled quantum stocks upward. Over the past year, ( ( ( the sector has seen explosive gains, with Rigetti ComputingNASDAQ:RGTI) rocketing more than 5,200% higher. This surge reflects hype around tech giants like NvidiaNASDAQ:NVDA) and MicrosoftNASDAQ:MSFT) investing heavily, alongside policy pushes for national security applications. ( D-Wave QuantumNYSE:QBTS) is another quantum computing stock enjoying tremendous gains, soaring over 3,550% higher over the last 12 months."
Quantum computing promises transformative applications across drug discovery, logistics, finance, and materials science through superior processing power. Qubits face decoherence from environmental noise, limiting computation time and producing high error rates that require resource-intensive error correction. Scaling to millions of qubits demands breakthroughs in cooling, control systems, and integration while capital costs reach billions, delaying commercial readiness by possibly a decade and keeping systems largely in research labs. Investor enthusiasm has driven steep stock gains for firms like Rigetti, D-Wave, and IonQ, fueled by corporate investments and national security policy interest.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]